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Climate risk and investment efficiency
16 references·1 citing·37 second hop
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References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1937The General Theory of Employment5,168 cited
  • 1973The Economic Theory of Agency: The Principal's Problem.4,296 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2003Enjoying the Quiet Life? Corporate Governance and Managerial Preferences3,773 cited
  • 2009How does financial reporting quality relate to investment efficiency?3,211 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 2015Global non-linear effect of temperature on economic production2,901 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 2015Policy Uncertainty and Corporate Investment2,524 cited
  • 2010The real effects of financial constraints: Evidence from a financial crisis

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2,298 cited
  • 2014What Do We Learn from the Weather? The New Climate-Economy Literature2,292 cited
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    • 2024Climate Risk and Its Impact on the Cost of Capital—A Systematic Literature Review22 cited